Any permit granted under this chapter shall be subject to revocation or suspension by Council in the following manner:
A notice shall be served on the person holding the permit specifying wherein he has failed to comply with this chapter and requiring him to appear before Council, at a day and hour therein specified, not less than five days after the personal service of the notice to such permit holder, requiring him to show cause at such time and place why the permit should not be revoked or suspended. At the time and place mentioned in the notice, the person holding the permit shall have the right to appear in person or by counsel and the right to introduce such evidence as he may desire, and Council shall confront him with any charges that it may have against him and, after the hearing, Council may, at its discretion, revoke or suspend the permit.
(1958 Code § 9.24)